Wash­men Dig­i­tal Laun­dry Ser­vice Gets $400,000 In­vest­ment

Arabnet - The Quarterly - - Industry Stories -

Wash­men, a Uae-based laun­dry and dry clean­ing app, has re­ceived $400,000 in seed fund­ing from Ali Dayekh, a Saudi an­gel in­vestor. The ser­vice picks up and de­liv­ers laun­dry to cus­tomers’ door, at their con­ve­nience. The startup is a graduate of Flat6labs Abu Dhabi. Af­ter it launched its app in Septem­ber 2015, it has been see­ing con­sis­tent dou­ble digit growth week-on-week, with a 90% cus­tomer re­turn rate. Wash­men plans to use the in­vest­ment to fur­ther de­velop its ser­vice. In 2015, 2 other dig­i­tal laun­dry ser­vices were launched in the UAE: Get­laun­dry and Wash­plus. Both th­ese ser­vices op­er­ate based on a sim­i­lar model to Wash­men, and Wash­plus of­fers its cus­tomers the pos­si­bil­ity of track­ing their laun­dry. The first such busi­ness in the UAE was Laun­dry­box, es­tab­lished in 2012. So far, the startup has raised $1.3 mil­lion from pri­vate in­vestors, and an­other $1.4 mil­lion from Al Za­rooni Emi­rates In­vest­ments (ZEI). Laun­dry­box pro­poses smart lock­ers for laun­dry pick­ups and dropoffs, and cur­rently serves 7,000 cus­tomers.

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